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Payment of Dividends in Kind

11 Jul 2022 08:58

RNS Number : 9901R
Cablevision Holding S.A.
11 July 2022
 

Cablevisión Holding S.A.

Cablevisión Holding Announces Payment of Dividends in Kind

 

On 8 July 2022, Cablevisión Holding S.A. (the "Company") informed its shareholders of the payment of the dividends in kind approved at the General Extraordinary Shareholders' Meeting held on that date, by publishing the following notice:

 

"We hereby notify the shareholders of Cablevisión Holding S.A. ("CVH" or the "Company") that at the General Extraordinary Shareholders' Meeting held on 8 July 2022 (the "Shareholders' Meeting"), the shareholders resolved to distribute, as dividends in kind: i) Global Bonds of the Republic of Argentina payable in United States Dollars due on 9 July 2030, ISIN Code GD30 - ISIN US040114HS26 ("Global Bonds Due 2030") with a nominal value of USD 160,676,878, and ii) Global Bonds of the Republic of Argentina payable in United States Dollars due on 9 July 2035, ISIN Code GD35 - ISIN US040114HT09 ("Global Bonds Due 2035") with a nominal value of USD 40,586,407, at a ratio of nominal value USD 0.88947399888 Global Bonds Due 2030 and nominal value USD 0.22467796352 Global Bonds Due 2035 per share of the Company, and to settle in Argentine pesos any fraction of less than USD 1 that may apply, with the right to collect such dividends at the same ratio combination of both kinds for all classes of shares of the Company, ii) to reverse partially the "Voluntary Reserve for Illiquid Results" that amounted AR$ 229,960 million in constant currency as of 31 May 2022, by AR$ 12,007,050,521 and iii) to delegate powers on the Board of Directors to put the bonds at the disposal of the shareholders, transfer them and pay the dividends in kind within the terms set forth in the applicable regulations and to carry out any acts and/or payments that may be necessary to put the bonds at the disposal of the shareholders, transfer them and pay the dividends in kind."

 

 

 

Enquiries:

 

Mrs. Samantha Olivieri

Head of Investor Relations

 

 

www.cvh.com.ar

Email: ir@cvh.com.ar

Tel: (+54 11) 4309 - 3417

 

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